Taxation in Hungary

BRIEF REVIEW OF THE HUNGARIAN TAX SYSTEM

Income taxes:

• Personal income tax
• Corporate income tax

Social security contributions

Taxes on turnover:

• Value added tax

Local taxes

Duties

Other tax types:

• Accident tax
• Bank tax
• Insurance tax
• Company car tax
• Simplified entrepreneurial tax (EVA)
• Energy tax
• Energy providers’ tax
• Medicine tax
• Innovation contribution
• Gaming tax
• Fixed-Rate Tax of Low Tax-Bracket Enterprises (KATA)
• Tax on small enterprises (KIVA)
• Environmental pollution fee
• Environmental product fee
• Tax of public utility lines
• Public health product fee (NETA)
• Financial transaction duty 
• Advertisement Tax

AVOIDANCE OF DOUBLE TAXATION:

Hungary has signed treaties with a number of countries on the avoidance of double taxation. The list of those countries with which Hungary has effective and applicable tax treaties can be found here.